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Open CD Account

Certificate of Deposits

Let OUR competitive CD rates do the savings for you. 

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–  Choose the level of commitment that’s right for your savings  –

24-Month CD

2.85%

Annual Percentage Yield

1

36-Month CD

2.70%

Annual Percentage Yield

48-Month CD

2.76%

Annual Percentage Yield

60-Month CD

2.90%

Annual Percentage Yield

1

Why Open a CD Account at Quontic Bank?

Minimum of $1,000 required to open any of the below Certificate of Deposit Accounts.

1 Disclosure: The above offered Certificate of Deposits (CD) and Annual Percentage Yields (APY) are only available to consumers. Penalties may apply if you withdraw any of the principal before the Certificate of Deposit maturity date.  Ask for details. Data connection required to open an account online. Wireless carrier fees may apply. Application is subject to approval & further review. Information is accurate as of November 13, 2018 and may change without notice.

Primary federal regulator: Office of the Comptroller of the Currency (OCC)
OCC: 1-800-613-6743

3105 Broadway, Astoria, NY 11106
1-718-215-4000

Member FDIC. 
 © 2018 Quontic Bank Holdings Corp. All rights reserved.

Quontic Bank Representative

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High Investment Yield

Lock in an APY based on the term of each CD account. The longer you save, the larger the return.

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No Market Risk. Guaranteed Returns.

Pre-determined CD rates mean you’ll always know what to expect from your CD account.

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Earn monthly interest on your CD based on what term you chose!

Interest Payments

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12-Month CD

2.70%

Annual Percentage Yield

1

Choose the level of commitment that’s right for your savings

Certificate of Deposits

Let OUR competitive CD rates do the savings for you. 

Primary federal regulator: Office of the Comptroller of the Currency (OCC)
OCC: 1-800-613-6743

Open CD Account Online

Open a CD Account ONLINE

Open a CD Account ONLINE

Open a CD Account ONLINE

Open a CD Account ONLINE

Member FDIC. 
 © 2018 Quontic Bank Holdings Corp. All rights reserved.

Check Out Our Other Products

Quontic Bank offers competitive APYs on all of our accounts. Explore our products below or call us at 1-800-908-6600 to find the perfect product for your financial needs.

Money Market Account

Minimum account opening deposit of $500

0.50 – 2.15% Annual Percentage Yield

Learn More
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Bitcoin Rewards Account

Minimum account opening deposit of $500

1.00% on all Qualifying Transactions

Learn More

Check Out Our Other Products

Frequently Asked Questions

Learn more about Certificate of Deposit Accounts by reviewing common questions and answers below or call us at 1-866-721-7708 to speak with a Quontic Bank Representative.

What do I need to get started?

Just click on Open an Account and begin our secure and fast account opening process.  It takes less than ten minutes to complete.  You will need to enter your name, address, date of birth and social security number.

What is the minimum deposit amount to open a Certificate of Deposit (CD)?

The minimum deposit is $1,000.

How do I fund my Quontic Bank Certificate of Deposit (CD)?

Quontic Bank

31-05 Broadway

Astoria, NY 11106

Attn: New Accounts

Please do NOT mail cash!

*Note: If you do not fund your CD with at least the minimum deposit of $1,000 within 30 days from opening your CD, we may close your account.

Our mailing address is:

How do I fund my Quontic Bank Certificate of Deposit (CD)?

You can transfer funds from an existing Quontic Bank account, from an account at another bank, by ACH transfer, or by mailing us a check:

How is my interest calculated?

Interest is compounded daily and credited to your account monthly. Interest is calculated using the daily balance method. This method applies a daily periodic rate to the principal and interest that has accrued in the account each day.

When is interest paid?

You will start earning interest the business day we receive your opening deposit.  Interest will be paid once per monthly statement period.

Can I choose whether to reinvest or take disbursements of my monthly interest?

The interest you earn on your CD will be added to the principal balance of your CD. You also have the option to withdraw penalty-free any interest credited to your account at any time during the term of the CD. If you’d prefer, you can transfer the monthly interest earned to your Quontic Online Account. Please call us at 1-866-721-7708 to set up interest disbursement.

What happens when my CD matures?

We will send you a Maturity Notice before your CD’s maturity date. There is a 10-day grace period during which you may withdraw principal without penalty or renew your CD with the same term. You may also close your CD and open a new one with a different term. The grace period begins on the day after the CD maturity date and runs for ten days (maturity date plus 10 days). To make changes or close your CD, please call us at 1-866-721-7708 during the 10-day grace period.

If you do not contact us by the end of the 10-day grace period (and we do not send you a notice of non-renewal), your CD will automatically renew for another term. The interest rate upon renewal will be set at Quontic Banks then-current rate for similar term CD’s.The renewal term will begin (retroactively) on the day after the maturity date of the previous CD term. The principal balance for the renewal term will be the total balance in the CD (principal plus the interest that was not previously withdrawn) on the date the CD account is renewed. Your CD will continue to earn the current interest rate during the 10-day grace period. A confirmation will be sent verifying the renewal terms.

No but you can open another CD at the then current Quontic Bank rates.

Can I add additional funds to a CD once it’s been opened?

The applicable early withdrawal penalties are as follows:

EARLY WITHDRAWAL PROVISION: We will impose a penalty if you withdraw any of the principal balance before the maturity date. For time deposits of up to 12 months, the penalty will be equal to the amount of interest due on the remaining term of the time deposit on the amount withdrawn, which may result in a loss of principal. For time deposits with between 12 and 24 months remaining, the penalty will be equal to one year’s interest on the amount withdrawn. For time deposits with 24 months or more remaining, the penalty will be equal to two year’s interest on the amount withdrawn.

What fees or penalties are associated with my CD?

Yes, you will receive a confirmation when your CD automatically renews. The confirmation will be sent out after the 10-day grace period concludes.

Will I receive a confirmation when my CD automatically renews?

Open CD Account Online

You can transfer funds from an existing Quontic Bank account, from an account at another bank, by ACH transfer, or by mailing us a check: